Reversionary Interest definition

Reversionary Interest means the right of the depart- ment to assume ownership of a property acquired with a grant under this chapter as specified in the grant contract, and under s.
Reversionary Interest means the right of the department to assume ownership of a property acquired with a grant under this chapter as specified in the grant contract, and under s. 23.096 (5), Stats.
Reversionary Interest is defined in Section 2.6(a).

Examples of Reversionary Interest in a sentence

  • Reversionary interest; Mineral and water power rights and other reservations.

  • NET Reversionary interest The NET Reversionary interest represents the present value of land assets to be returned to the City Council at the end of the existing contract period for NET Line One.

  • Reversionary interest; mineral and water power rights and other reservations.

  • Reversionary interest The BHA has been bequeathed a reversionary interest in a Trust established under the terms of the Will of Christine Cotton, who died on 24 January 2000.

  • Qualifications and educational backgrounds of lead staff members, including subcontractor staff, if applicable, proposed to perform services for the Department.


More Definitions of Reversionary Interest

Reversionary Interest has the meaning set forth in Section 2.02(c).
Reversionary Interest is defined in Section 20(b).
Reversionary Interest reserved pursuant to the conveyance delivered at the First Closing is hereby released and dissolved. Whether or not the Second Closing occurs, the First Tranche shall be owned by Buyer and Seller shall have no right to require Buyer to reconvey the same to Seller, and except as otherwise provided in the Purchase Agreement or the JOA, Buyer shall be solely responsible for costs and liabilities associated with the First Tranche.
Reversionary Interest has the meaning set forth in Section 5.8.
Reversionary Interest has the meaning specified in the definition of Excluded Assets.
Reversionary Interest means the right of reversion in favor of the City pertaining to the Project Site in the event that Developer fails to meet the conditions set forth in Section 2.3(b).
Reversionary Interest means the right of reversion in favor of the UG pertaining to the WCLB Property and the KDOT Property in the event that Developer fails to meet the conditions set forth in Section 2.1(d), which Reversionary Interest shall automatically be released immediately upon the Substantial Completion of the Project.